Fairfax county Redevelopment & Hsg Authority Awards Financial Services Contract to Lincoln Avenue Capital (January 2024)
Fairfax county Redevelopment & Hsg AuthorityLocal Housing Authority · Fairfax, VA- Disclosed value
- Up to an aggregate $11,000,000; approximately $6,500,000 for the four-percent LIHTC component and approximately $4,500,000 for the nine-percent LIHTC component
- From minutes
- Approved
- Jan 25, 2024
The 30-second brief
The Fairfax County Redevelopment and Housing Authority authorized, subject to Board of Supervisors approval, up to $11 million in gap financing for Lincoln Avenue Capital subsidiaries. The loans will support the 135-unit Phase II of Residences at Government Center II, with approximately $6.5 million allocated to the four-percent LIHTC component and $4.5 million to the nine-percent component.
Lincoln Avenue Capital holds this financial services contract with Fairfax county Redevelopment & Hsg Authority. Its other public contracts on record include work for Northern Moraine Water Reclamation District and Garfield County.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to an aggregate $11,000,000; approximately $6,500,000 for the four-percent LIHTC component and approximately $4,500,000 for the nine-percent LIHTC component
- Document date
- January 25, 2024
- Vendor
- Lincoln Avenue Capital
- Source document
- Fairfax County Redevelopment and Housing Authority Minutes Meeting January 25, 2024 (Minutes)
Lincoln Avenue Capital's other public contracts
More Fairfax county Redevelopment & Hsg Authority contracts
Questions about this contract
Who was awarded the financial services contract by Fairfax county Redevelopment & Hsg Authority?
Lincoln Avenue Capital was awarded this financial services contract by Fairfax county Redevelopment & Hsg Authority, as recorded on January 25, 2024. The contract value is Up to an aggregate $11,000,000; approximately $6,500,000 for the four-percent LIHTC component and approximately $4,500,000 for the nine-percent LIHTC component.
How much is the Lincoln Avenue Capital contract with Fairfax county Redevelopment & Hsg Authority worth?
The Lincoln Avenue Capital contract with Fairfax county Redevelopment & Hsg Authority is valued at Up to an aggregate $11,000,000; approximately $6,500,000 for the four-percent LIHTC component and approximately $4,500,000 for the nine-percent LIHTC component, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Fairfax County Redevelopment and Housing Authority Minutes Meeting January 25, 2024 (Minutes), dated January 25, 2024 from Fairfax county Redevelopment & Hsg Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Lincoln Avenue Capital hold?
Lincoln Avenue Capital may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Fairfax county Redevelopment & Hsg Authority currently buying?
Explore Fairfax county Redevelopment & Hsg Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.